I140 approved, want to switch employers


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I am currently on H1B, I140 approved on EB2 with my current employer, date not current yet, my date is December 2011.  Per bulletin, date is current till July 2011, so my date should come around soon.


Working as contractor but want to switch to fulltime/permanent job.  If I switch to fulltime, my new employer is willing to transfer H1 on premium. But now the G.C. is the issue.


1. Once I give notice to my current employer, can he revoke my I140 ? how long will it take for him to stop/cancel my I140 ?


2. If I switch to fulltime, how soon should my new employer pick up my G.C. process before my current employer revokes I140 ?  


3.  Is it enough if the new employer starts the G.C. process before current employer revokes I140 ?, in that case will my date remain December 2011 ?


Please let me know



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